Pelosi rejects stock-trading ban for members of Congress: ‘We are a free-market economy. They should be able to participate in that.’
- Speaker Pelosi rejected the idea of barring Congress members and their spouses from trading stocks.
- “We are free-market economy. They should be able to participate in that,” she said.
- Progressives, such as Elizabeth Warren and Alexandria Ocasio-Cortez, have called for such bans
House Speaker Nancy Pelosi on Wednesday rejected the idea of barring members of Congress and their spouses from holding or trading individual stocks while in office.
“We are a free-market economy. They should be able to participate in that,” Pelosi said when asked by Insider at her weekly press conference.
Insider also asked Pelosi about Conflicted Congress, a five-month-long investigation by Insider that found that 49 members of Congress and 182 senior congressional staffers had violated the STOCK Act, a law to prevent Insider trading.
The speaker said she hadn’t yet seen the project, but added that it’s important that members comply with the law.
“If people aren’t reporting, they should be,” she said.
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